Market Focus The broad U.S. equity market closed lower on Friday’s trading, but most indices closed the week with gains. The Dow gained 0.8% over the week, the S&P 500 gained 1.2% over the week, and the Nasdaq gained 0.1% …
Daily Market Analysis Market Focus US markets rallied on Thursday as lawmakers finally reached a deal to increase the debt ceiling in the short- term. In short, the Dow Jones jumped roughly 1%; the Nasdaq rose 1.1% while the S&P …
Daily Market Analysis Market Focus Major indices rebounded on Tuesday following a major sell- out in the technology- centered market in the previous session. The Dow Jones rebounded 0.92%. The S&P500 climbed 1.05% while the Nasdaq rallied 1.25%, led by …
Daily Market Analysis Market Focus The broad U.S. equity markets experienced a sell off on the first trading day of the week. The S&P 500 dropped 56.58 points to close at 4300.46, while the tech-heavy Nasdaq lost 2.1% and the …
Daily Market Analysis Market Focus Volatility continued to roil risk assets, with U.S. equities notching their biggest monthly slide since March 2020. Stocks pushed lower on Thursday even after confirmation that the House passed a nine-week spending bill to avert …
Daily Market Analysis Market Focus There were both ups and downs for US stock on Wednesday, as the decline in technology stocks weighed on equity markets and pared most of their gains into the close. Markets focus on the ongoing …
Daily Market Analysis Market Focus US stock tumbled on Tuesday, dropping the most since May. The concern over the debt-ceiling deadlock in Washington had accelerated the selloff in risk assets. Republicans blocked a Democratic move in the senate to raise …
Daily Market Analysis Market Focus There were both ups and downs in US stock market on Monday, as 10-year treasury bond yields rising sharply amid investors’ expectations about monetary tightening. Investors now pull the possible timeline of rate hike forward …
Daily Market Analysis Market Focus US stock advanced on Friday amid turmoil in global stock market earlier in the week. Despite the hawkish tone from Fed after the meeting this week and the contagion risks from China Evergrande Group’s debt …
Daily Market Analysis Market Focus US stock advanced on Thursday amid risk-on market sentiment, as investors embraced the Federal Reserve’s bullish economic outlook. After the two-day FOMC meeting, Fed has turned more hawkish and is expected to reduce bond purchases …